MARKETS: Trading volumes for Brent futures surpassed WTI in 2012

(EnergyAsia, January 23 2013, Wednesday) — Brent crude’s position as the global benchmark was confirmed last year when its futures trading volume last year exceeded US WTI for the first time. According to the US Energy Information Administration (EIA), trades in the Brent contract surged while the WTI volume fell in response to the growing…